332 Clemente Ave.

$2,200,000

Catalina Island 8 unit multifamily property for sale! Windjammer Apartments on the market for the first time in over 20+ years! A unique income property located at 332 Clemente Ave. in the city of Avalon. This 14 bedroom, 9.5 bath building is an oldie but goody! Contemporary style fixer at a great price. Rarely do multi unit properties with this many units come onto the market. Take advantage of this rare opportunity to own a piece of Avalon that provides income as well as other uses like employee housing for the business owner. Housing in Avalon is in short supply and there is high demand for rentals. The Windjammer Apartments offer 3 bedroom, 2 bedroom, 1 bedroom and studio options with a recently rebuild laundry room for all to share. Built in 1915 on a 5,805 +/- sq. ft. lot with an overall living space of 5,439 sq. ft. and hillside views. Recommended upgrade needed. Conveniently located on the East side of town close to restaurants, shopping, and entertainment.